Black Chamber of Commerce

Business News

The Collin County Black Chamber is a hub of community, business, and legislative news on decisions affecting the North Texas area. Check our news section often for new information on events which examine the most current community and national issues.
  • Wednesday, April 03, 2013 1:55 PM | Anonymous
    Yes! There's (Now) An App For That!

     

    WASHINGTON, DC - Supporters of African American businesses across the country can now access real-time information to locate providers of goods and services, no matter where they are in America.

     

    Through a groundbreaking partnership between the U.S. Black Chambers, Inc. (USBC) and Around The Way® -- developers of the smartphone application - consumers will be able to locate Black-owned businesses utilizing the GPS feature built into their phones.

     

    "Among the initiatives we are working on is the compilation of a database of all the Black-owned businesses in the nation," said USBC President Ron Busby, Sr. "This partnership with Around The Way is an important first step. Through the app, supporters of Black business can quickly access the location of businesses, no matter where they are in the country. We believe Around The Way provides an important tool in our quest to strengthen Black business."

     

    According to Janine Hausif, CEO of Around The Way, African Americans - already demonstrated early-adopters of technology - are not only prolific consumers, but are value-conscious, brand loyal and extremely aware of their economic clout.

     

    "We believe that Around The Way is the perfect blend of technology and convenience," said Hausif. "The app capitalizes on the above-the-index embrace of smartphone technology by African Americans with well over 50% of Black Americans using the devices to bridge the Digital Divide. Around The Way conveniently marries that usage pattern and growing consumer awareness. It makes perfect sense to join our efforts with U.S. Black Chambers, Inc. efforts to increase awareness of the importance of supporting African American owned businesses."

        

    The Around The Way app is currently available and free for both Android and iPhone users seeking to support their local Black businesses. Starting at $89 per year, business members of the USBC's 110 affiliate chambers nationwide will receive premium listings, featuring their business locations highlighted on local maps with the USBC logo. The app uses the GPS technology imbedded in the phone to find the user, then lists all the Black-owned businesses within a 5-mile radius.

     

    "We can't imagine a more natural evolution, a better way to improve both the awareness of the number of Black owned businesses and increase their bottom lines," said Busby. "Janine Hausif and her team at Around The Way have created an excellent app for the Black community. America's Black businesses and the consuming public will benefit tremendously - all by clicking an app on their phone!"

     

    Business owners can find more information on the USBC website atwww.usblackchamber.org and can download the app at www.aroundthewayapp.com. USBC members can sign-up for premium listings at www.usbc.aroundthewayapp.com

     

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    The U.S. Black Chambers, Inc. provides committed and visionary leadership and advocacy in the realization of Black economic empowerment. Through the creation of resources, education, and initiatives, we support Black chambers of commerce and business leagues in their work to develop and grow Black enterprises. We are an economic force and represent a powerful constituency. There are 1.9 million privately held Black-owned businesses across every industry sector in the United States, employing over 921,000 persons and generating $137.5 billion in annual revenue.

     

    To learn more about the USBC, our advocacy agenda, and our national network of Black chambers, visit www.usblackchamber.org. You can also visit our Facebook page atwww.facebook.com/usblackchamber and our Twitter page atwww.twitter.com/usblackchamber1.  

  • Monday, February 25, 2013 6:27 PM | Anonymous

     “Representatives from TAAACC, Texas Association of Mexican American Chambers of Commerce (TAMACC), state agency Historically Underutilized Business HUB) coordinators and the tireless commitment of legislators from both the House and the Senate have made this occasion possible. The commitment of these state agencies to improve performance in contracting with our members will result in business growth, increases in employment, and enhancements to local tax bases and all-around improvement in the communities our members call home. This is real, tangible evidence that when we work together we can accomplish great things in Texas.”

    Click here to read the entire Press Release.

  • Monday, December 17, 2012 6:27 PM | Anonymous

    News Release - December 17, 2012

    AUSTIN – The Texas Association of African American Chambers of Commerce (TAAACC) has selected Dallas-based consulting firm Strategique to lead the organization’s restructuring of its program delivery. TAAACC is the largest regional organization of its kind, with 22 member chambers representing over 10,000 businesses.
     

    According to TAAACC Chairman Jim Wyatt, the unanimous vote took place during the organization’s quarterly board meeting, held recently in Denton, Texas.


    "We believe Strategique, led by Charles O’Neal, is a perfect fit for where we are as an organization," said Wyatt. "Charles’ long term role at the Dallas Black Chamber, involvement with TAAACC and leadership role in the U.S. Black Chamber, Inc., coupled with great relationships across the country and a unique understanding of the role of chambers of commerce convinced us this was the right time to engage this resource."
     

    O’Neal’s immediate focus will be improvement of TAAACC’s communications and key support, developing new technical assistance programs and expansion of the group’s annual conference.
     

    "TAAACC plays a vital – if unheralded -- role in our state," O’Neal said. "For two decades Texas has led the nation in the rate of business formation among African Americans, consistent with Texas’ emergence as the third largest African American population. The interests of these business owners are critical to our state’s economy, and their growth and development is key to solving other issues that affect our communities. The TAAACC board is committed to providing solutions to the challenges faced by these 200,000 businessmen and women and I am honored by their confidence in Strategique."
     

    Wyatt, a former elected official, is also keenly attuned to the role government plays in supporting business expansion.
     

    "The upcoming Texas legislative session really provides us an opportunity to communicate closely with our elected representatives, keep the concerns of business owners and our 22 member chambers on the state’s agenda and – hopefully – see improvement in Texas’ utilization of Black-owned business in its procurement practices," Wyatt said. "We will be both visible and vocal during the upcoming session and we are looking forward to assisting the members of the Texas Legislative Members  maintain engagement with business leaders across the state."

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    ABOUT TAAACC:

    The Texas Association of African American Chambers of Commerce represents the interests of 22 Black chambers of commerce and works to ensure the African American business owners receive a fair share of the economic prosperity of Texas. Founded in 1988, TAAACC serves as a catalyst for a better quality of life in African American communities throughout Texas. More at www.taaacc.org
     

    ABOUT STRATEGIQUE:

    Launched by Charles O’Neal in 2012, Strategique focuses on communications, business development and strategic relationship consulting serving small businesses, advocacy organizations and corporate partners. See more at www.strategiquebiz.com.
     

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    TAAACC MAKES STRATEGIQUE MOVE
    '12 charles_1786px

    CHARLES O’NEAL
    Consultant will lead TAAACC efforts


    TAAACC MISSION

    To ensure that African American Business Owners receive a fair share of the economic prosperity of Texas. To serve as a catalyst for a better quality of life in African American communities throughout Texas. To support policies that allow African-Americans access to economic opportunities.

     

    Please join us in welcoming Mr. O'Neal to our team!

  • Tuesday, November 06, 2012 4:37 PM | Everett & Monique Spain (Administrator)

    Small Business Saturday®, the day after Black Friday, is a day dedicated to helping small businesses get what they need most: customers. This November 24th, American Express wants to give the small businesses in your community free Shop Small Welcome Mats.*  You can help by ordering these free mats and distributing them to other small businesses in your neighborhood.  Placed at the front door, these mats will let customers know you are a small business on Small Business Saturday, and every day.

    To receive your box of 25 free Shop Small Welcome Mats and share them with merchants in your community, click here to order online.

     Let’s make this the biggest day of the year for your community’s small businesses.   For more information about Small Business Saturday, visit www.shopsmall.com.

     *Supplies are limited and will be distributed on a first come first served basis. 

  • Friday, November 02, 2012 10:39 AM | Everett & Monique Spain (Administrator)

    BB&T Corp. will continue its expansion in Texas during 2013 with the opening of 30 new financial centers in Dallas-Fort Worth, Houston, San Antonio and Austin.


    Focusing on commercial and small business lending, the new branches will double BB&T’s banking presence in Texas.

    BB&T plans 11 new branches in Dallas-Fort Worth, 11 in Houston, and up to four in each Austin and San Antonio. This represents an investment of more than $40 million and will target vacated properties such as former bank branch and office locations rather than new construction.

    The expansion will bring 150 new jobs initially, and this number is expected to increase as BB&T continues to grow in the state, according to BB&T Texas Region President Kay St.John.


    “The BB&T brand is gaining great traction in Texas, and our success with the community bank has been truly phenomenal,” St. John said. “Our deposits in Texas have grown by 68 percent since 2009, and our loan portfolio stands at $1.65 billion. These four cities are densely rich commercial and small business markets representing many of the highest potential growth areas within BB&T’s entire footprint.”


    Based in Winston-Salem, N.C., BB&T (Branch Banking & Trust) entered the Texas banking market in August 2009 with the acquisition of Colonial Bank. The bank now has more than 1,200 employees across the state. Its auto loan subsidiary, Regional Acceptance Corp., has a major call center in Arlington and offices in Plano, Houston and San Antonio with more than 200 employees. Through its wholesale and specialty insurance group, BB&T operates eight offices with more than 350 employees. The company currently has extensive risk management capabilities in Houston through its team of insurance industry specialists at McGriff, Seibels and Williams, an insurance subsidiary of BB&T.


    Also in Texas, BB&T Wealth operates in Dallas, and BB&T Capital Markets has a dedicated energy lending team in Houston. BB&T Corporate Banking and Investments has a banking and financial advisory service team in Houston, which serves the senior-living industry. Grandbridge Real Estate Capital has offices in Dallas and Houston.

    As of Sept. 30, 2012, BB&T Corp. has $182.0 billion in assets and market capitalization of $23.2 billion. The company operates 1,850 financial centers in 12 states and Washington, D.C., and offers a range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services.


    BB&T Corp. trades on the New York Stock Exchange under the symbol “BBT.”

  • Friday, November 02, 2012 10:37 AM | Everett & Monique Spain (Administrator)
    Navistar International Corp. has announced plans to close its Dallas-area truck plant and eliminate the 900 jobs.


    Illinois-based Navistar says its Garland facility will cease operations by the first half of 2013.

    The company on Tuesday cited the planned closure as part of efforts to save money and optimize its manufacturing operations.


    Navistar anticipates annual cost savings of up to $35 million with the closure. President Troy Clarke says Navistar has too much manufacturing capacity in North America.

    Navistar and its affiliates make International-brand trucks, diesel engines, buses and recreational vehicles.

  • Friday, November 02, 2012 10:33 AM | Everett & Monique Spain (Administrator)
    A longtime firefighter and department administrator in Shreveport, La., has been named fire chief in a North Texas city. Brian Crawford takes over as Plano Fire Department chief on Dec. 3.

    Crawford's hiring was announced Monday. He's worked 28 years with the City of Shreveport, most recently as assistant chief administrative officer. He started as a firefighter and worked his way up to chief of the fire department.


    Crawford, as assistant chief administrative officer, was in charge of a $500 million operating budget and also dealt with emergency management situations.

    Plano fire Chief Hugo Esparza retired in July.

  • Monday, April 30, 2012 8:23 AM | Everett & Monique Spain (Administrator)
    We’ve all heard statistics that around 90 percent of startups fail. Well, bah humbug. Yes, these numbers are grim, but if every excited entrepreneur subscribed to such Uncle Scrooge-like fear, we’d be a country void of innovation and new opportunities. So go after the American dream, motivate yourself to be the next Steve Jobs and forget all those naysaying stats. But before you do, take to heart the following reasons some young companies thrive while others fizzle. 

    Read more..



© 2013 - 2014. Collin County Black Chamber of Commerce.                        550 N CENTRAL EXPY   *    PO Box 3426 McKINNEY  TX 75070-9998

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